Evernorth Holdings Inc. has announced an updated timeline for its previously approved business combination with Armada Acquisition Corp. II. The registrant stated that due to an administrative delay, the closing of the transaction is now expected to occur on or about October 9, 2026, subject to the satisfaction of customary closing conditions.
Following the closing, the combined company anticipates that trading of its Class A common stock will commence on The Nasdaq Stock Market under the ticker symbol "XRPN" on or about October 12, 2026.
The business combination was approved by the shareholders of Armada II on September 30, 2026. Evernorth filed a registration statement on Form S-4 with the SEC in connection with the proposed transactions, which was declared effective on August 27, 2026. The definitive proxy statement/prospectus was subsequently mailed to Armada II shareholders.
Investors can obtain copies of the Registration Statement and Proxy Statement/Prospectus without charge from the SEC’s website or directly from the registrants.
